The Chefs' Warehouse, Inc. (CHEF)
NASDAQ: CHEF · IEX Real-Time Price · USD
39.78
+0.60 (1.53%)
At close: Jul 2, 2024, 4:00 PM
40.00
+0.22 (0.55%)
After-hours: Jul 2, 2024, 5:22 PM EDT
The Chefs' Warehouse Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for CHEF stock have an average target of 48, with a low estimate of 44 and a high estimate of 50. The average target predicts an increase of 20.66% from the current stock price of 39.78.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 2, 2024.
Analyst Ratings
The average analyst rating for CHEF stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +25.69% | May 2, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $35 → $50 | Buy | Maintains | $35 → $50 | +25.69% | Feb 16, 2024 |
| UBS | UBS | Strong Buy Maintains $36 → $44 | Strong Buy | Maintains | $36 → $44 | +10.61% | Feb 15, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $49 | Strong Buy | Reiterates | $49 | +23.18% | Jan 12, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $50 → $35 | Buy | Maintains | $50 → $35 | -12.02% | Nov 3, 2023 |
Financial Forecast
Revenue This Year
3.84B
from 3.43B
Increased by 11.80%
Revenue Next Year
4.12B
from 3.84B
Increased by 7.22%
EPS This Year
1.39
from 0.88
Increased by 57.97%
EPS Next Year
1.75
from 1.39
Increased by 25.68%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.0B | 4.3B | 4.7B | 5.0B | 5.4B |
| Avg | 3.8B | 4.1B | 4.5B | 4.8B | 5.2B |
| Low | 3.7B | 3.8B | 4.3B | 4.6B | 5.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.7% | 12.8% | 13.1% | 10.4% | 11.2% |
| Avg | 11.8% | 7.2% | 9.1% | 7.2% | 8.0% |
| Low | 6.6% | 0.2% | 4.1% | 3.1% | 3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.52 | 2.07 | 2.21 | 2.37 | 2.82 |
| Avg | 1.39 | 1.75 | 2.02 | 2.31 | 2.74 |
| Low | 1.25 | 1.47 | 1.82 | 2.21 | 2.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 73.0% | 48.8% | 26.2% | 17.5% | 22.5% |
| Avg | 58.0% | 25.7% | 15.6% | 14.1% | 19.0% |
| Low | 42.5% | 5.7% | 4.3% | 9.7% | 14.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.